Action - Use Our Product Comparison Sheet To Make Our Final Product Decision
Erik Rogne & Eric Campbell
Action - Use Our Product Comparison Sheet To Make Our Final Product Decision
Erik Rogne & Eric Campbell
Lesson Info
31. Action - Use Our Product Comparison Sheet To Make Our Final Product Decision
Lessons
Quick Overview of the Perfect Product System
06:15 2Course Design & Resources
03:50 3Amazon FBA Monthly Earnings
02:59 4Meet Your Instructors
03:59 5Setting Expectations
04:17 6Key Concepts (Learn What Private Labeling Is And More)
08:16 7Steps To Complete Before We Start
04:15Chapter 1: Quiz
9Everything You Need To Know About China
09:40 10The Worst Categories (And Why Must Avoid Them!)
08:58 11The Best Categories To Focus Your Product Search On
02:21 12Basic Product Criteria (20 Different Things To Look For In A Product)
08:36 13Advanced Product Criteria (9 Different Things To Look For)
05:40 14Chapter 2: Quiz
15Action - Choose A Product Category To Start With
02:51 16Action - Install Unicorn Smasher Chrome Extension
02:59 17Action - Find A Product To Run Through Our Choosing A Product Cheat Sheet
16:16 18Action - Find 3 Products That Pass Our Choosing A Product Cheat Sheet
11:11 19Action - Add Chosen Products To Our Product Comparison Sheet
02:13 20Action - Calculate The Basic Criteria Score For Each Product
10:45 21Chapter 3: Quiz
22Action - Find Out If Our Products Pass The 5X Rule
08:21 23Action - Find Out If Our Products Have A Low MOQ
03:07 24Action - Find Out If Our Products Are Not Patented
04:42 25Action - Find Out If Our Products Have A High RPR
07:24 26Action - Find Out If Our Products Pass The Keyword Test
03:32 27Action - Find Out If We Can Create A Listing That Would Beat Our Competitors
11:54 28Action - Find Out If Our Products Are Trending
02:39 29Action - Determine If We Can Brand And Add Bonuses To Our Products
02:55 30Action - Calculate The Advanced Criteria Score For Each Product
02:29 31Action - Use Our Product Comparison Sheet To Make Our Final Product Decision
03:47 32Action - Find 5 Potential Suppliers On Alibaba
06:24 33Action - Send A Message To 5 Suppliers
15:57 34Action - Evaluate Supplier Offers
06:13 35Action - Create Counter Offers
06:01 36Action - Run Suppliers Through The Supplier Scoring Rubric
12:27 37Action - Decide On 2-3 Suppliers To Import A Sample From
04:45 38Action - Calculate Profit Margin Estimate
11:24 39Action - Research Competition For Our Product
05:32 40Action - Find Possible Product Improvements
02:51 41Review Of What You Did In This Course
01:56 42Your Next Steps
00:25 43Welcome to Part 2!
01:33 44Course Design & Class Materials
07:05 45Why Speed Is Critical to Your Success On Amazon
01:58 46How to Communicate & Build a Relationship With Your Supplier
02:00 47Module Review
00:58 48Module Introduction
01:12 49Why You Must Get Product Samples
03:11 50Why You Need to Establish a Relationship With Your Supplier
01:44 51The Importance of Product Quality & Negotiating
01:29 52Action - Place an Order for 2-3 Product Samples
07:22 53Module Review
00:40 54Module Introduction
01:03 55Action - Evaluate Your Samples Using Our General Criteria
06:42 56Action - Create Your Own Sample Evaluation Criteria
06:33 57Action - Take Product Pictures
07:01 58Action - Use the Quality of Your Product Sample to Negotiate
02:25 59Module Introduction
00:55 60Action - Create an Amazon Seller Account
01:47 61Action - Choose Your Product Category to List In
01:27 62Action - Buy a UPC Code (Barcode)
03:27 63Action - Create Your Barebones Product Listing
03:44 64Module Review
00:55 65Module Introduction
01:39 66Erik's Experience With U.S. Customs
02:01 67Action - Complete Supplier Checklist
06:44 68Action - Pay Your Supplier
01:06 69Action - Select a Single FBA Warehouse
02:12 70Action - Prepare to Send Your Amazon FBA Inventory
04:52 71Action - Send Your Supplier Amazon Shipping Labels & FNSKU Barcodes
00:49 72Module Review
00:48 73Module Introduction
00:41 74Action - Add Vital Product Information
03:01 75Action - Add Product Variations (Optional)
00:45 76Action - Update Product Offer
01:02 77Action - Add In Compliance Information (Optional)
00:44 78Action - Upload Product Images
00:49 79Action - Update Product Description
03:34 80Action - Add In Product Keywords
02:42 81Action - Fill Out 'More Details' For Your Product
02:40 82Module Conclusion
01:14 83Module Introduction
00:43 84How to Contact Amazon Seller Support
01:31 85Action - Upgrade Your Amazon Seller Account
01:36 86Review Of What You Did In This Course
01:55 87Module Review
00:39 88Quick Overview of Part 3 Structure
02:44 89Viral Launch Fundamentals
03:54 90Understand Amazon Seller Central
05:03 91Search For Product Keywords For Future Optimization
07:11 92Action - Create a Coupon For Your Product
06:54 93Action - Share Product On 3+ FB Groups
03:36 94Action - List Product On Jumpsend
07:11 95Action - Setup JumpSend Email Campaign
03:39 96Introduction to Amazon PPC
02:48 97Campaigns, Adgroups, & Keywords Overview
04:21 98Amazon PPC Key Metrics & Terminology
05:58 99What the Bid Price Does
02:59 100Ideal ACoS Calculator
04:06 101Action - Export Keyword Report & Put in Google Sheets
03:25 102Action - Add in Negative Keywords
01:45 103Action - Set Your Listing Autoresponder Up For Maximum Reviews
02:35 104Choosing the Right Fiverr Seller for Amazon FBA
04:26 105Next Steps On Where to Go From Here
01:42 106Final Quiz
Lesson Info
Action - Use Our Product Comparison Sheet To Make Our Final Product Decision
in this video, we're going to use our product comparison sheet to make our final product decision. At this point we have two choices. We can either pick one of these products that we like the most and decide to commit to that product and import it. Or if we want, we can also scratch it, choose none of these products and started research from the beginning and I know that may sound terrible given all the work that you put into it. But if you really aren't excited about any of your products, it's much better to spend a couple more hours researching until you find a product that you're really interested in than to choose a product you're not that excited about and to invest a lot of money and time into it down the road for our case, we have three products, the double dog leash, the acrylic stapler and the belly casket. And one thing I want to make a note of before we start comparing them is these scores are designed to be relative to each other. And what that means is there's no rule that...
says if a basic score is less than 50, that means it's a bad product. And if it's over 50, that means it's a good product. That's not how this criteria is designed, what these scores tell us Is how attractive is one product compared to another. And just because a product has a higher score doesn't necessarily mean we have to go with that product, but it does give us a general idea about how likely that product is to be successful. If we were to choose it, but beyond the scores, we also have to consider our intuition, what does your gut tell us to go with? And also which product are we going to be the most excited about working with for the next couple of months out of these three products, one product I'm going to eliminate right away is the belly casket. I was not too excited about that product from the beginning and it also did not score well on the advanced score criteria and the basic score was not that high either. And for that reason, I'm left with two products to decide between. We have the double dog leash and the acrylic stapler. And as you can see they both score the same on the advanced score, but the basic score had a five point difference. So based on the points, the double dog leash is the best product, but I also want to consider what does my gut tell me. And which product am I more interested in personally? And with those things in mind, I still have to say I'm more interested in the double dog leash than the acrylic stapler. And to be honest, I had a feeling that I would like the double dog leash right from the beginning when I chose it. I was more excited about the idea of selling the double dog leash than I was about selling the acrylic stapler. And so it's nice to see that it also happened to score the highest points. Take your time with this decision process. In my case, the choice was pretty obvious, but yours might not be that obvious. It might be very close and you're not sure which way you're leaning if that's the case, it often helps to just take a break, sleep on it and see if the decision is more clear the next day. In this video, we use the product comparison sheet to make our final product decision. Congratulations. You have completed mini goal three and decided on one product imports. That's awesome. In the next video, we're going to get started with mini goal Four, which is to find the right supplier for your products. And our first task in that new mini goal is to find five potential suppliers, pause this video now and don't move on until you've used your product comparison sheet to make a final product decision.
Class Materials
Ratings and Reviews
Faisal Sajjad
Amazing way of teaching.
Faisal Sajjad
Excellent Intructors. I learnt from them a lot of productive and valuable skills regarding Amazon FBA.
Saima Shakir
A Complete and essential guide for every fba seller or service provider.